I am married but have to file separately (by law). The account is with my spouse. Thanks!

--

I have a joint account but I have to file tax return separately. I am in the state of New York. Could anyone please kindly help me how the dividend/capital gain is allocated b/w tenants of the accounts?

I think we need a little more information. Who is the joint account with - your spouse or someone else? Are you married, intending to file a separate return, or are you single?

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.

Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.